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Feb 13, 2013
02/13
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the city says tickets for three-hour tours are nearly sold out and highlights include the giant egg-shaped receptacles. >> thanks for watching "street signs." history always repeats itself. "closing bell" is next. >>> hi, everybody. good afternoon. welcome to the "closing bell." i'm maria bartiromo here at the new york stock exchange. stocks mixed at this hour. the dow struggling to stay above the 14,000 level and the nasdaq modestly higher. >> just a reversal. >> i'm bill griffith. we'll see if the dow can rally back. we're at the lows of the day right now but also following these stories on today's ram. the ceo of dow component cisco will be with us. john chambers will join us moments after the company reports earnings. will the results move us closer or further away from a new high? plus a lot more to get into with the always outspoken john chambers. >> he's terrific and how is this for an odd couple. facebook founder and ceo mark zuckerberg having new jersey republican governor chris christie over to his house tonight. >> here's a clue. >> knew you would like that. >> serve lots of foo
the city says tickets for three-hour tours are nearly sold out and highlights include the giant egg-shaped receptacles. >> thanks for watching "street signs." history always repeats itself. "closing bell" is next. >>> hi, everybody. good afternoon. welcome to the "closing bell." i'm maria bartiromo here at the new york stock exchange. stocks mixed at this hour. the dow struggling to stay above the 14,000 level and the nasdaq modestly higher. >>...
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Feb 20, 2013
02/13
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kind of helped that on our shareholder resolution. >> you're the new york city comptroller. you can pick up the phone and have the direct dial to jamie dimon, i'm sure. have you had that conversation? >> they weren't interesting in entertaining the proposal so we have to go the shareholder route at the annual board meeting. >> jumping in here mandy drury from the mother ship. if i were the shareholder in swr pm, what would a potential split like that mean for me? would it actually benefit me? >> we believe so. we believe that stronger corporate governance is best for the long-term share value, and it could -- it could possibly prevent a kind of loss like what we saw with the london whale. $6 billion is a lot. even at the beginning of it, when it first came to light, the -- jamie in this case characterize it had as a $2 billion loss and originally called it a teachest in a teapot. obviously there are -- there are different objectives that management and investors have. the board represents investors. those interests are not always aligned with management which is why, again,
kind of helped that on our shareholder resolution. >> you're the new york city comptroller. you can pick up the phone and have the direct dial to jamie dimon, i'm sure. have you had that conversation? >> they weren't interesting in entertaining the proposal so we have to go the shareholder route at the annual board meeting. >> jumping in here mandy drury from the mother ship. if i were the shareholder in swr pm, what would a potential split like that mean for me? would it...
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Feb 1, 2013
02/13
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embassy in turkey, that is a factor that raising the tensions and chris many premium in the marketplace. add it that explosion at head quarters in mexico city, that's another factor that traders are launching. we haven't seen significant gains in the u.s. oil price because we have pipeline concerns that pipeline taking crews from oklahoma to texas coast. that probably won't be a full capacity until the fourth quarter. that is something that leaves still that glut of oil in the middle part of the country that is something that kept a lid on the rise in the u.s. oil price. in terms of precious metals, it has been a strong day for precious metals after the jobs data and that unploemt rate is what traders are watching. one reason they think precious metals. >> so what has happened to the individual investor over that time? jane wells is in los angeles. jane? >> hi, tyler. you think of americans as being resilient and optimistic. we found more than a few who said they survived the last few years by thinking of warren buffett. the view from main street when we come back. [ male announcer ] wi
embassy in turkey, that is a factor that raising the tensions and chris many premium in the marketplace. add it that explosion at head quarters in mexico city, that's another factor that traders are launching. we haven't seen significant gains in the u.s. oil price because we have pipeline concerns that pipeline taking crews from oklahoma to texas coast. that probably won't be a full capacity until the fourth quarter. that is something that leaves still that glut of oil in the middle part of...
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Feb 4, 2013
02/13
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is there a direct relationship between the budget cut and the disaster at texas city? >> we believe there is. >> when 60 minutes on cnbc returns. [watch ticking] with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. ♪ shimmy, shimmy chocolate. ♪ shimmy, shimmy chocolate. ♪ we, we chocolate cross over. ♪ yeah, we chocolate cross over. ♪ [ male announcer ] introducing fiber one 80 calorie chocolate cereal. ♪ chocolate. and...done. did you just turn your ringer off so no one would interrupt us? oh no, i... just used my geico app to get a tow truck. it's gonna b
is there a direct relationship between the budget cut and the disaster at texas city? >> we believe there is. >> when 60 minutes on cnbc returns. [watch ticking] with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot...
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Feb 13, 2013
02/13
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we should follow the example of a new york city nurse named menchu sanchez. when hurricane sandy plunged her hospital into darkness, she wasn't thinking about how her own home was faring. her mind was on the 20 precious newborns in her care and the rescue plan she devised that kept them all safe. we should follow the example of a north miami woman named desaline victor. when she arrived at her polling place, she was told her wait to vote might be six hours. and as time ticked by, her concern was not with her tired body or aching feet, but whether folks like her would get to have their say. hour after hour, a throng of people stayed in line to support her, because desaline is 102 years old, and they erupted in cheers when she finally put on a sticker that read "i voted." >>> we should follow the example of a police officer named brian murphy. when a gunman opened fire on a sikh temple in wisconsin. brian was the first to arrive, and he did not consider his own safety. he fought back until help arrived. and ordered his fellow officers to protect the safety of t
we should follow the example of a new york city nurse named menchu sanchez. when hurricane sandy plunged her hospital into darkness, she wasn't thinking about how her own home was faring. her mind was on the 20 precious newborns in her care and the rescue plan she devised that kept them all safe. we should follow the example of a north miami woman named desaline victor. when she arrived at her polling place, she was told her wait to vote might be six hours. and as time ticked by, her concern...
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Feb 25, 2013
02/13
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we hear about the hacking that goes on or the attempted hacking of banks. b of a and citi group and chase, everybody admits there's been attacks on them and deflections. but should we worry about our internal bank accounts we access online because of hackers? should that be a concern for the average checking account out there? >> for the most part, no. the banks actually of all the industries do probably the best job of protecting themselves. the attacks you've seen recently are something called ddos attacks which disrupt banks to carry on business. this is a serious escalation. it appears they're coming from a nation state that sponsors terror. that's one of the things we have to be looking forward about and doing a better job protecting ourselves. >> all right arthur coviello of rsa, thank you for your thoughts today. >>> as we continue, more on today's big selloff and why some say it may be about to get worse because of washington's dysfunction. as blunt automatic spending cuts are set for four days from now. we're back in a minute. if your tires need to
we hear about the hacking that goes on or the attempted hacking of banks. b of a and citi group and chase, everybody admits there's been attacks on them and deflections. but should we worry about our internal bank accounts we access online because of hackers? should that be a concern for the average checking account out there? >> for the most part, no. the banks actually of all the industries do probably the best job of protecting themselves. the attacks you've seen recently are something...
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Feb 19, 2013
02/13
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kate kelly is at the courthouse for us in new york city. kate. >> reporter: thanks, tyler. we're just about an hour away from what could be a contentious courtroom showdown, einhorn, founder and apple, inc. they are duking it out over a proposal in the proxy statement that would do away with charter right to issue preferred shares of stock. einhorn seeking an injunction to block the vote on that measure at apple's meeting february 27 wants apple to issue a class of shares to provide investors like him with additional value. apple is his largest holding of late and its fall in the fourth quarter accounted for damage to his portfolio in that quarter as well. apple sitting with $137 billion in cash on its balance sheet and he argues that's stockpile indicative of depression era mentality. apple is defending noting other investors calpers. blocking would eliminate other beneficial measures. would establish majority voting for investors on the board. leading into the hearing things have gotten a little snippy. apple said it would incur millions of dollars in printing and other c
kate kelly is at the courthouse for us in new york city. kate. >> reporter: thanks, tyler. we're just about an hour away from what could be a contentious courtroom showdown, einhorn, founder and apple, inc. they are duking it out over a proposal in the proxy statement that would do away with charter right to issue preferred shares of stock. einhorn seeking an injunction to block the vote on that measure at apple's meeting february 27 wants apple to issue a class of shares to provide...
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Feb 8, 2013
02/13
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boston area, how fast does it come south and west through connecticut into new york city and the metropolitan area here? >> it's going the other way around. it's going to start -- new york city will be tomorrow morning, connecticut will be about midday, then boston mid afternoon and then again everybody just needs to be off the roads. if we can get everybody off the roads by noon tomorrow through noon on saturday, we're going to save a lot of people a lot of frustration because i'm telling you, when it's start snowing at two to three inches an hour, the plows can't keep up. all it takes is one bus to slide off the road and it's gridlock on the roadways. running out of gas and spending the night in a cold car, it's not fun. i never talked to anyone who said they wanted to do that again, spend the night in a cold car. >> take care of yourself. >> tonight we heard another dire warning from secretary of defense leon panetta about what would happen if the sequester cuts quick in. next and protesters interrupted confirmation hearings five times before cia director john brennan even finished his ope
boston area, how fast does it come south and west through connecticut into new york city and the metropolitan area here? >> it's going the other way around. it's going to start -- new york city will be tomorrow morning, connecticut will be about midday, then boston mid afternoon and then again everybody just needs to be off the roads. if we can get everybody off the roads by noon tomorrow through noon on saturday, we're going to save a lot of people a lot of frustration because i'm...
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Feb 5, 2013
02/13
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the nfl has said that the outage will not prevent the city from hosting a future super bowl as they have a good time and richly deserved one. >> indeed. we wish them all the best. meantime, ty, an old friend of "power lunch" and cnbc is retiring. global management chairman jim o'neal is retiring a bit later this year. the announcement made in a memo from ceo blankfein. he invented the term brics to highlight economic reform. he's been with us since 1995. he's always a terrific guest, tooe, he has fantastic insights not only on bric countries but currency market. he was always a pleasure to interview, i found, because he always answered the questions, which is refreshing. >> that's always a good thing. he was a delight to talk to. very informed and informative guy, always enjoyed having him on. wish him well, obviously, in future endeavors as the memos say. all right, everybody. that will do it for today's edition of "power lunch." thanks for watching. sue, see you. >> i'll be home in a few minutes. "street signs" begins now. >>> we are back in buy mode, stocks marching higher once again.
the nfl has said that the outage will not prevent the city from hosting a future super bowl as they have a good time and richly deserved one. >> indeed. we wish them all the best. meantime, ty, an old friend of "power lunch" and cnbc is retiring. global management chairman jim o'neal is retiring a bit later this year. the announcement made in a memo from ceo blankfein. he invented the term brics to highlight economic reform. he's been with us since 1995. he's always a terrific...
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Feb 13, 2013
02/13
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triumph won't be port here until sometime tomorrow afternoon whmp day rivals the city of mobile will have medical personnel on hand to take care of any passengers or crew members that may need care as they come off of that ship. at least one person has been removed. someone with a pre-existing health problem over concerns for that. that was during a time when another carnival ship delivered food. what passengers will tell you still not enough food, the lines to get the food, three, three and a half hours, that the stench from the problem with the sewage is inescapable and overwhelming. many have pulled mattresses into hallways or up on to the deck to try and sleep. there's no air conditioning, so it's described as a horrific scene on that ship. you talked about the financial hit that's going to hit this company. they are saying that it would be as much as $80 million when this is all said and done, a tough go both on the financial side and the physical side as the ship inches its way towards shore here. >> thank you so much. families and friends of cruise passengers desperately tryin
triumph won't be port here until sometime tomorrow afternoon whmp day rivals the city of mobile will have medical personnel on hand to take care of any passengers or crew members that may need care as they come off of that ship. at least one person has been removed. someone with a pre-existing health problem over concerns for that. that was during a time when another carnival ship delivered food. what passengers will tell you still not enough food, the lines to get the food, three, three and a...
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Feb 25, 2013
02/13
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tier one cities, the 25 million plus population cities, they're maturing. but the tier two and three cities, the stiffs that are only 10 million or 5 million populations, those are huge cities by western standards, there's a lot of growth going on there. the infrastructure growth in china's going on, they have 50 years of runway to come close to where europe and north america are right now. the chinese are thinking across multiple decades and generations. we're thinking across multiple decades and generations. we're not thinking about what's next week. so, we're building for the long-term. >> so, let me ask you, for your u.s. customer, which effects her most, stock market levels, employ or housing? what's the most relevant factor, or some other? >> from what we can understand, the behavior of the consumer, employment, number one. spousal partner employment number two, maybe housing as an indicator whether they have disposal income three, stock market doesn't seem to say, stock market's up today, i'm buying something tomorrow. i don't believe that's an influ
tier one cities, the 25 million plus population cities, they're maturing. but the tier two and three cities, the stiffs that are only 10 million or 5 million populations, those are huge cities by western standards, there's a lot of growth going on there. the infrastructure growth in china's going on, they have 50 years of runway to come close to where europe and north america are right now. the chinese are thinking across multiple decades and generations. we're thinking across multiple decades...
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Feb 18, 2013
02/13
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country, and he's trying to get dhl to at least donate the air park to the city. >> there's hurt. there's a sense of betrayal. >> "betrayal" is a strong word. >> dhl came in and made promises, and i don't think they lived up to their side of the bargain. that's the past. we can't dwell on that. we need to move forward. dhl, we hope, is going to help us with the air park. >> in the meantime, the sugartree ministry soup kitchen is expanding. >> we're actually building-- remodeling our room over here, adding 200 more seats. >> that would be about double what you're doing now. >> exactly, we should be able to feed about 350 people a day. >> you can talk about possible medical options. >> dhl workers in their meetings just heard that the state unemployment benefit fund went broke last week. the federal government rushed in with an emergency loan of $500 million just to keep the checks coming. the feds are also spending $4 million here to train workers in computer skills, but that doesn't mean there will be jobs. the laid-off workers are guaranteed access to health insurance for a year
country, and he's trying to get dhl to at least donate the air park to the city. >> there's hurt. there's a sense of betrayal. >> "betrayal" is a strong word. >> dhl came in and made promises, and i don't think they lived up to their side of the bargain. that's the past. we can't dwell on that. we need to move forward. dhl, we hope, is going to help us with the air park. >> in the meantime, the sugartree ministry soup kitchen is expanding. >> we're...
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Feb 6, 2013
02/13
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. >> caller: a big booyah from the windy city. i love your show. long time fan. >> i appreciate it. >> caller: the company is huntsman, h u.n. >> go with georgia gulf. buy, buy, buy. go to john in florida. >> caller: jim, i would like your latest take on arena pharmaceutical. >> @jimcramer on twitter, because i didn't fall in love with this stock, a lot of people despise me. i know people are in love with it. i am not in love with it. be but let's go to carl in arkansas. >> caller: greetings from arkansas. i am thinking of picking up a bank stock, your thoughts of new york community bank. >> the yield is so much higher than all the others, i will send you to keen. i don't know, it is a nice gain. i prefer key. i like the safety. that, ladies and gentlemen, is the conclusion of the lightning round! >>> ina bull market, it is easier to pick stock that can go higher. this is what a bull market looks like. what is more lucrative is picking stocks that go higher. we have stocks like allergan, it makes real medicine, a leading player in the eye care busi
. >> caller: a big booyah from the windy city. i love your show. long time fan. >> i appreciate it. >> caller: the company is huntsman, h u.n. >> go with georgia gulf. buy, buy, buy. go to john in florida. >> caller: jim, i would like your latest take on arena pharmaceutical. >> @jimcramer on twitter, because i didn't fall in love with this stock, a lot of people despise me. i know people are in love with it. i am not in love with it. be but let's go to carl...
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Feb 8, 2013
02/13
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mostly to the north of new york city. the latest on the storm path and at which sectors will be impacted the most. >>> first on cnbc, mattel meeting analyst. toy maker ceo will speak with us first on "power lunch" before he spokes with the street -- guess who's here? >> good to see you, ty. >> nice to see you. >> mother nature -- >> here at snowy cnbc headquarters. >> mother nature derailed my commute. but at least we are together in the snowy weather. >> that's right. barbie and ken of -- >> that's right. barbie and ken of "power lunch." first to the markets, we will put the storm aside for a couple of second. with today's gains, major averages wiped out losses for the week. that could of course change but if it does hold the s&p 500, the dow and nasdaq will have racked up gains in each of the first six weeks of 2013. bob pisani is down on the floor of the nyse. he did manage to get to the new york stock exchange exchange today. >> let me be blunt about it, sue, everybody at the new york stock exchange wants to go home.
mostly to the north of new york city. the latest on the storm path and at which sectors will be impacted the most. >>> first on cnbc, mattel meeting analyst. toy maker ceo will speak with us first on "power lunch" before he spokes with the street -- guess who's here? >> good to see you, ty. >> nice to see you. >> mother nature -- >> here at snowy cnbc headquarters. >> mother nature derailed my commute. but at least we are together in the snowy...
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Feb 22, 2013
02/13
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the new york city streets are horrible. >> you are so mean and cruel. >> but it's not just the maintenance of the current bridges and roads it's the need to build new bridges and roads, for example. the bridge or tunnel to connect new york and new jersey. >> david, here's the thing, what is the relationship between -- all right there's always going problems. keith is right. there's bad roads in new jersey and some in new york. how do we know what the spending should be and why should it all be federal spending. where is the state spending. where is the privatization. where is the toll booth spending you have for private companies the way they have it in indiana and some other highway states? >> well we have increased the toll booth spending over the last few years but still a relatively small share of the total. the feds contribute about a third. the states contribute about two-thirds of the total so most of the money comes from state gasoline taxes and other fees that the states impose. so together all of those contribute to the system that we now have. the upper level system, those the i
the new york city streets are horrible. >> you are so mean and cruel. >> but it's not just the maintenance of the current bridges and roads it's the need to build new bridges and roads, for example. the bridge or tunnel to connect new york and new jersey. >> david, here's the thing, what is the relationship between -- all right there's always going problems. keith is right. there's bad roads in new jersey and some in new york. how do we know what the spending should be and why...
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Feb 5, 2013
02/13
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turbo charge engines are here to city and have become incredibly popular. >> sure. thank you so much. >> you bet. >> gold is down, closing now. sharon epperson tracking action at the nymex, gold is the only one in the complex that's lost a little steam today. >> that's what happened here into the close we have seen gold prices drift lower. the only cop pont that is negative. we have seen gold in yen terms that will perform very well not only today but so far this year. it's up about 7%. the real standouts continue to be platinum and palladium. in fact, barclay says after the close, look for platinum to go 1725 to 1735 an ounce. back to you, tyler. >> sharon, thank you very much. how should retirees invest with the dow two points shy of 14,000. three strategies to help you find your next move. first, is the housing recovery for real or is it another bubble get ready to burst? we will have the latest data that may make you pause. be right back. with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters
turbo charge engines are here to city and have become incredibly popular. >> sure. thank you so much. >> you bet. >> gold is down, closing now. sharon epperson tracking action at the nymex, gold is the only one in the complex that's lost a little steam today. >> that's what happened here into the close we have seen gold prices drift lower. the only cop pont that is negative. we have seen gold in yen terms that will perform very well not only today but so far this year....
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Feb 7, 2013
02/13
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as the world outside of the new york city area. that said, what are risks. i'm looking at national weather service. wlart risks that this gets up high, upgraded into the new york city area. is there a chance we get absolutely dumb 7abs dumped on here? >> well, we see six inches. six inches is somewhat doable in new york city. at 12 and above, that's when things bog down. i even heard mayor bloomberg talk about this before. this is happening on a friday. the bulk of it on friday. but it is all about if that storm slows down, that's when we could take this number and push it back up. so that's the timing. again, timing on that is if the storm slows down into the sudden daytime frame and that means the tail end of the storm, rock land, rochester, put numb, that's when it goes up and up. you already have two feet, what's another foot, right? but with sizeable snow versus a damaging crippling snow, in terms of infrastructure, new york city is still on that time line. you will gome snow but the bull aeye that we have nailed down, we are
as the world outside of the new york city area. that said, what are risks. i'm looking at national weather service. wlart risks that this gets up high, upgraded into the new york city area. is there a chance we get absolutely dumb 7abs dumped on here? >> well, we see six inches. six inches is somewhat doable in new york city. at 12 and above, that's when things bog down. i even heard mayor bloomberg talk about this before. this is happening on a friday. the bulk of it on friday. but it is...
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Feb 5, 2013
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, it's off the charts. it's printed to 70, so all in all we think that the global markets are healing and china is getting better and europe is getting better and greece is off the table and draghi will speak this week. >> right. >> things continue to be positive. >> mike -- >> i'm not sure china is getting better. >> you don't think china is getting better. >> just look at yum earnings. >> according to bmi china is getting better. >> expectations are too high. just for what it's worth in china. >> all right. let's -- >> how about europe? mike, does europe become front page news again? where are these markets? a couple of cat lifts on the horizon, italian elections and debt coming due for spain? >> what we saw yesterday is that the threshold is pretty low for people to start getting nervous again about europe because we don't have the depth of confidence that the european central bank is really all in and means the same thing that it means over here with the fed, so i do think there's a possibility for a su
, it's off the charts. it's printed to 70, so all in all we think that the global markets are healing and china is getting better and europe is getting better and greece is off the table and draghi will speak this week. >> right. >> things continue to be positive. >> mike -- >> i'm not sure china is getting better. >> you don't think china is getting better. >> just look at yum earnings. >> according to bmi china is getting better. >> expectations...
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Feb 15, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. investor. yeah, i'm a serious investor but i'm a busy guy. it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk inc
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are...
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Feb 13, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> after shedding jobs for more than ten years, our manufactures added about 500,000 jobs over the past three. caterpillar is bringing jobs back from japan. ford is bringing jobs back from plex co-. mexico. and this year apple will start making maces in america again. >> in fact, apple, ford and caterpillar that got a shout out from the president during his state of the union speech last night. no great shakes on stocks during the response of today's question. but the president making gun control one of his biggest priorities in that speech. as expected a very climactic emotional part to the speech. but in fact, the run up to this only increased gun sales and ham top pearson is at the blue ridge arsenal in virginia. hampton? >> simon, the morning after the president's emotional plea at the end of the state of the union message, the headline here is is that the spike in gun sales after the new town tragedy, it is frankly continuing. bottom line, people who already ow
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> after shedding jobs for more than ten years, our manufactures added about 500,000 jobs over the past three. caterpillar is bringing jobs back from japan. ford is bringing jobs back from plex co-. mexico. and this year apple will start making maces in america again. >> in fact, apple, ford and caterpillar that got a shout out from the president during his state of the...
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Feb 5, 2013
02/13
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the windy city. long time fan. >> i appreciate it. >> caller: h u.n. >> buy, buy, buy. >> go to john in florida. >> caller: jim, i would like your latest take on arena pharmaceutical. >> at jim cramer on twitter, because i didn't fall in love with this sto, a lot of people despise me. i know people are in love with it. i am not in love with it. carl in arkansas. >> caller: greetings from arkansas. i am thinking of picking up a bank stock, your thoughts of new york community bank. >> it is so much higher than all the others, i will send you to keen. i don't know, it is a nice gain. i prefer key. i like the safety. that, ladies and gentlemen, is the conclusion of the lightning round! >>> coming up, allergra catapulted in 2013. botox smoothed out wrinkles for their results. are shares heading high sner cramer talks to the ceo, just ahead. [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars
the windy city. long time fan. >> i appreciate it. >> caller: h u.n. >> buy, buy, buy. >> go to john in florida. >> caller: jim, i would like your latest take on arena pharmaceutical. >> at jim cramer on twitter, because i didn't fall in love with this sto, a lot of people despise me. i know people are in love with it. i am not in love with it. carl in arkansas. >> caller: greetings from arkansas. i am thinking of picking up a bank stock, your thoughts...
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Feb 13, 2013
02/13
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to couple cities with manufacturing, trying to bring jobs back to people and the cities that have lost them. i just wonder what was new about last night? >> i was really proud of the president's speech, because it highlighted particularly when it came to the economy. some new bold initiatives that really need to -- really designed to move the needle. because there's been a lot of criticism, not just of the president, but of the republicans and washington in general, that, you know, same old same old tired proposals. the proposal to create manufacturing innovation institutes around the country, we have one in youngstown, ohio. the president proposed a the least 15, and 5 over the next couple of years. that's going to allow us to make the kind of investments to make sure we can make things in america again and revitalize some of the communities decimated by the fact that factories have moved out of town. coupling those communities with businesses so we can make sure we can locate high-tech jobs and make them hubs for high-tech jobs. >> how to further that, when obviously the main concern
to couple cities with manufacturing, trying to bring jobs back to people and the cities that have lost them. i just wonder what was new about last night? >> i was really proud of the president's speech, because it highlighted particularly when it came to the economy. some new bold initiatives that really need to -- really designed to move the needle. because there's been a lot of criticism, not just of the president, but of the republicans and washington in general, that, you know, same...
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Feb 5, 2013
02/13
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some of the newer cities, yum doesn't even have competition. it has the supply chain, and the real estate identification teams to get into the smaller markets. the competition is scarce. the tier one markets, the returns are deteriorating. that's why they're slowing down that development there. but yum brands has a very deep investment capital opportunity if they can get its brand back on track. >> david, thanks to speak with you. >> thank you. >>> still ahead, much more of the dell buyout news. and the doj lawsuit.ate in me? with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades n an account. to grow, we have to boost our social media visibility. more "likes." more t
some of the newer cities, yum doesn't even have competition. it has the supply chain, and the real estate identification teams to get into the smaller markets. the competition is scarce. the tier one markets, the returns are deteriorating. that's why they're slowing down that development there. but yum brands has a very deep investment capital opportunity if they can get its brand back on track. >> david, thanks to speak with you. >> thank you. >>> still ahead, much more of...
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Feb 12, 2013
02/13
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for this year, the snake, both of those cities, plus san francisco are the most popular. chinese travelers are going for the shopping. luxury goods and gadgets are for the price. they're going to the bragging rights so they can tell their friends that they've seen hollywood or been to the exotic hollywood. back to you. >> thank you, eunice. >>> this is a chart of the chinese tourism over the last ten years to the united states. it is up 600% since 2013. there are now 1 million visitors to the u.s. the department of commerce expects us to hit 4 million by 2017. one of the big areas of growing is chinese students flying to the united states to see their famous university. these tours are arranged for the thousands of students every year. >> chinese people attach great importance to education and they are very willing to spend money on it. >> it's so cool. if i can be that student of howard university. >> i would like to attend harvard, but i have no idea whether i have the ability to come here because it's a really great school. >> we have to recognize american higher educa
for this year, the snake, both of those cities, plus san francisco are the most popular. chinese travelers are going for the shopping. luxury goods and gadgets are for the price. they're going to the bragging rights so they can tell their friends that they've seen hollywood or been to the exotic hollywood. back to you. >> thank you, eunice. >>> this is a chart of the chinese tourism over the last ten years to the united states. it is up 600% since 2013. there are now 1 million...
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Feb 20, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have the door code. who's that? he won a contest online to be ceo for the day. how am i supposed to run a business here without an office?! [ male announcer ] fast, reliable deliveries worldwide. fedex. >>> u.s. futures are trying to build on gains from yesterday. the dow breaking through 14,000, adding five or six points more today. the s&p 500, 1,529. the rally supported by what we've seen out of asia and europe overnight. although trade has been mixed. the ftse 100 pushing through 6,400, adding .4% after bank of engla england. the cac and ibex slightly weaker. how do you make money in these markets? here's
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have...
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Feb 13, 2013
02/13
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the only reference to citi, during my time at citi, i was part of the senior management plan to bring organizational change and one of the remarks is a hot button issues we're sure to hear about today, lew's own personal investment in the cayman islands, and something the president criticized in the past and lew had such an investment in such a fund and lawmakers will ask him about it. he doesn't say anything in these prepared remarks and be prepared, lew should be for that issue. >> thank you for that. we are joined by a senator who will be questioning jack lew, charles grassley. also, president obama's state of the union. it's a little different this time around, senator. no one is saying jack lew broke the law or didn't pay his taxes either. the kind of things people might have said on the other side of the aisle from governor romney, the kind of things they should have said then they'll probably being saying now. it's a little bit different situation when it affects jack lew rather than when it was governor romney. >> yes. we're going to try to hold an obama nominee to a standard
the only reference to citi, during my time at citi, i was part of the senior management plan to bring organizational change and one of the remarks is a hot button issues we're sure to hear about today, lew's own personal investment in the cayman islands, and something the president criticized in the past and lew had such an investment in such a fund and lawmakers will ask him about it. he doesn't say anything in these prepared remarks and be prepared, lew should be for that issue. >>...
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Feb 5, 2013
02/13
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if they didn't get it in 2018 it would be bad for the city. you like solyndra meets beyonce. >> esiason said -- >> he's a great reporter. he won a pulitzer, right? >> mvp. boomer says there was a weird buzzing sound after beyonce finished. can you tell the audience what that was all about? >> all i can say is it takes a tremendous amount of energy to do what she did in terms of electricity. then it stops and the second half started and there was a play and all of the sudden it went dancrk. there is a chance they continued to suck in the energy, they didn't e need it and it needed to go somewhere. >> if they find out, they won't tell us. >> they might have to. some agencies may be involved in this. >> they may have lost 2018. >> they may have. >> thank you very much. >>> now, remember when democrats used to be afraid to admit they want to raise your taxes? president obama and the democrats don't seem to have a care in the world. they are all admitting the truth. is that a great idea politically? another tax hike. how about the economy? next up
if they didn't get it in 2018 it would be bad for the city. you like solyndra meets beyonce. >> esiason said -- >> he's a great reporter. he won a pulitzer, right? >> mvp. boomer says there was a weird buzzing sound after beyonce finished. can you tell the audience what that was all about? >> all i can say is it takes a tremendous amount of energy to do what she did in terms of electricity. then it stops and the second half started and there was a play and all of the...
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Feb 1, 2013
02/13
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i don't own it at the moment. i really like citi and bank of america. i like the investment banks and the small investment banks as well >> you think we'll get some dividends, anton? >> i think everybody is increasing already. already got amountment out of comerica and bbmt so we'll continue to get dividend increase. >> jamie dimon said that's the plan, we'll raise the diffidents so he shuttinged the buyback might be smaller than a year ago. fred, break it down for us. what do you like in terms of the bank stocks, and what do you want to avoid here? >> the ones from the beginning of the story, never will they get back to the pre-peaks. the reason why we won't get to the pre-peaks is the big issuance during the crisis. what do we have the best outlook for and that's restructuring. going forward that's citigroup. our number one pick in that space. looking away, this interest rates environment is tough on earnings. at anton say, looking for capital higher rates. we'll bev it there. thanks for having you on the prom. bank stocks long a lowered for this mark
i don't own it at the moment. i really like citi and bank of america. i like the investment banks and the small investment banks as well >> you think we'll get some dividends, anton? >> i think everybody is increasing already. already got amountment out of comerica and bbmt so we'll continue to get dividend increase. >> jamie dimon said that's the plan, we'll raise the diffidents so he shuttinged the buyback might be smaller than a year ago. fred, break it down for us. what do...
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Feb 5, 2013
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. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. magic kingdom. disney's been the happiest place on earth for investors. why mickey mouse is still a good bet. tech troubles. it's the worst sector so far this year. tom picks that benefit from the mobile revolution. and blackberry brawl. can the momentum continue for blackberry? dan and guy duke it out in a smartphone street fight. first, let's get straight to breaking news here. shares of hewlett-packard surging on reports that the board is studying potential breakup scenarios. jon fortt has the latest. fact or fiction here? >> melissa -- fact, but not extremely exciting fact. the business new side courts reporting this. not a lot new i see in this report, saying that the board is exploring a breakup of some divisions, among other scenarios to maximize shareholder value. doesn't seem they've ever stopped analyzing these scenarios. but the spin off of the pc business is something that meg whitman keeps ruling out. earnings call after earnings call. nothing clear anything about that ha
. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. magic kingdom. disney's been the happiest place on earth for investors. why mickey mouse is still a good bet. tech troubles. it's the worst sector so far this year. tom picks that benefit from the mobile revolution. and blackberry brawl. can the momentum continue for blackberry? dan and guy duke it out in a smartphone street fight. first, let's get straight to breaking news here. shares of...
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Feb 27, 2013
02/13
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you've got the baines and technology stocks in the lead here. economically sensitive doing well. most heavily traded, bank of america, nokia, cincinnati bell, ford motor, jpmorgan and citi. all among the big movers today in terms of volume. with overall volume today also picking up and volume has been, of course, picking this up week with -- with overall volume not looking overall so heavy today but certainly picking up in the last half an hour or so. all-time high, 14,164. we're very close to it right now. meanwhile, since months ago, value investor bob olstein told cnbc that amazon could drop 50% over the next few years. since then the stock has done well moving higher. that hasn't stopped olstein from staying bearish on the stock. in fact, now he's calling amazon a ticking bomb on valuation. he says the wrong price for investors is what they are looking at. surprised short sellers are not piling in on this stock. >> bob joins us now along with cnbc's gary kaminsky who is a bit more positive on amazon, and, bob, we certainly want to get your take on the rally at large as we mar
you've got the baines and technology stocks in the lead here. economically sensitive doing well. most heavily traded, bank of america, nokia, cincinnati bell, ford motor, jpmorgan and citi. all among the big movers today in terms of volume. with overall volume today also picking up and volume has been, of course, picking this up week with -- with overall volume not looking overall so heavy today but certainly picking up in the last half an hour or so. all-time high, 14,164. we're very close to...
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Feb 28, 2013
02/13
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the center of the u.s., it is cricket city. 37 in kansas city with clouds. 31 in minneapolis. and back out west we go, rain in seattle. and it, look like partly cloudy skies for much of central and southern california. now, what about travel? what can you expect today as you head out to the airways? at a couple of the airports, you could see some delays. minor delays delays expected in new york. the mix of travels. a mix of rain and is snow in spots lot of cleveland. there you go, guys. let's send it back to you in new york. >> reynolds, we were just talking about sorkin on the best dressed list and you may not be on it, but this is the guy that might replace it. loot him. >> thank you so much. >> you know what? i think he knew he was going to be back on squawk today. it's been a while and you said i'm going to be back on "squawk box." >> got the pocket square going. >> representing. >> and the hair is high .tight today, too, right? when was that done, yesterday? >> high and tight. my dad, god rest his soul, was a high and tight man. >> do you miss us on the days on -- >> ever
the center of the u.s., it is cricket city. 37 in kansas city with clouds. 31 in minneapolis. and back out west we go, rain in seattle. and it, look like partly cloudy skies for much of central and southern california. now, what about travel? what can you expect today as you head out to the airways? at a couple of the airports, you could see some delays. minor delays delays expected in new york. the mix of travels. a mix of rain and is snow in spots lot of cleveland. there you go, guys. let's...
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Feb 12, 2013
02/13
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they have water fountains for the master and the mutt. there are buildings in new york city, chicago, boston that are all catering to pets and people are paying for it. they're paying up to $500 as a down payment and 50 bucks a month in d.c. here. and probably a lot higher in manhattan. i've heard of pawdicures for the dogs. and this chauffeur services. they can provide that. even doggy food trucks. there is no end to it, larry. >> we get our dog groomed every two weeks. >> that's grooming. but does it get the pawdicure. >> sometimes, actually. sometimes. let me show it. can i show it on the air? this is the newest contender. there he is. that's grace. she is a terrier. they have one, actually, in the terrier category at the westminster kennel club. at that point she was only a few months, six months or so old. i'm not going to say how old the guy is on the chair. that's a different subject altogether. but you know what i heard? 100,000 bucks a year to train and groom these dogs. >> it's no surprise whatsoever. when people are spending th
they have water fountains for the master and the mutt. there are buildings in new york city, chicago, boston that are all catering to pets and people are paying for it. they're paying up to $500 as a down payment and 50 bucks a month in d.c. here. and probably a lot higher in manhattan. i've heard of pawdicures for the dogs. and this chauffeur services. they can provide that. even doggy food trucks. there is no end to it, larry. >> we get our dog groomed every two weeks. >> that's...
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Feb 21, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back to "worldwide exchange." eurozone recovery hopes are dealt a blow after the regional pmi's flash estimates came in well below forecast. that compares with reuters forecast to 48.9. france, among the weakest link in the currency block with services activity slump to go a four-year low. we can take a look at the impact that that is having across markets. now down better than 2%. same goes for the xetra dax. the ftse 100 down 1.8%. the xetra dax is down 2% as well as the cac 40. the ibex 35 down 1.9%. now, u.s. futures are taking a hit on this. you can see the euro/dollar, for example, selling off as it is now decidedly below that 1.32 level. it's a pretty big move. dollar strengthened after the fomc meetings yesterday are a contributing factor. today, not much of a rebound shaping up. in fact, the dow now looking to shed something like 64 points, taking fair value into account. the nasdaq, the s&p 500 also weaker. look at that. the s&p is barely clingi
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back to "worldwide exchange." eurozone recovery hopes are dealt a blow after the regional pmi's flash estimates came in well below forecast. that compares with reuters forecast to 48.9. france, among the weakest link in the currency block with services activity slump to go a four-year low. we can take a look at the impact that that is having across...
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Feb 26, 2013
02/13
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kayla tausche covering auction across the river in new york city. kayla. >> hey, tyler, well, jamie dimon in the hot seat. remember last week some shareholders called for that role to be split. we haven't heard from him on that point yet. we have heard about management change. lots of turnover, half the executives presenting today were in different roles last year. he begs to differ say too much change saying a lot are jpmorgan vets. the big news on cost cuts. that's why a lot of people looking at the stock down today. the bank is targeting $1 billion in cost cuts. among the ways they are going to get there, 4,000 net head count reductions. we should note they are going to be a lot of head count reductions over the next two years in the consumer banking unit. there could be as many as 19,000 jobs cut with the majority of those in the mortgage banking department as the mortgage environment improves here. that's not to say the consumer bank is shrinking. we heard from chase consumer banking ceo or retail banking ceo and he said they will open 200 bran
kayla tausche covering auction across the river in new york city. kayla. >> hey, tyler, well, jamie dimon in the hot seat. remember last week some shareholders called for that role to be split. we haven't heard from him on that point yet. we have heard about management change. lots of turnover, half the executives presenting today were in different roles last year. he begs to differ say too much change saying a lot are jpmorgan vets. the big news on cost cuts. that's why a lot of people...
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Feb 21, 2013
02/13
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citi down 3% that the hour. look at the nasdaq, like in yesterday's selloff, the nasdaq felt the most pressure, seeing big cap technology under the most pressure again today. got microsoft, intel, apple amongst some of the biggest losers here, google holding onto its gains off the back of the two, price target rates from clsa, as well as bernstein, $1,000 a share. google surprising, up 1%. technology overall again weak. >> people may be looking for things like a going toll hold that 800 number as a tell as to whether or not we are going to slide further. more market reaction, bring in the president of platinum partners to talk about where we are, ari landers. welcome back. >> thanks. >> don't need to tell you how many things appeared to pile up against the bulls heart past 48 hours. much ado about nothing or not? >> not much ado about nothing. all the data this morning, which is nice, clearly the fed minutes were the most important thing. bernanke has been back stopping this market for months. if things are goin
citi down 3% that the hour. look at the nasdaq, like in yesterday's selloff, the nasdaq felt the most pressure, seeing big cap technology under the most pressure again today. got microsoft, intel, apple amongst some of the biggest losers here, google holding onto its gains off the back of the two, price target rates from clsa, as well as bernstein, $1,000 a share. google surprising, up 1%. technology overall again weak. >> people may be looking for things like a going toll hold that 800...
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Feb 22, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. (blowing sound) ask your doctor about spiriva. angeles are asking for federal help
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting...
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Feb 4, 2013
02/13
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live on the floor of the cme group. wonderful city of chicago. you know, there is a lot of talk and there has been a lot of talk, pretty much not in favor of the principles and definition of austerity. as a matter of fact, wasn't that many years ago where emerging markets, of course, would get into trouble and many would ridicule the imf who would run in with the same plan. raise taxes, cut services, cut deficits, and that austerity was never given a credible grade, for example, by many investors, thinking, of course, it wasn't a great strategy. i concur. here's the problem, though. you know, austerity by definition is, you know, deficit cutting with less benefits and services. now, it is a horrible word. and, of course, many governments and politicians grabbed on to it because they really don't want deficit cutting and they don't want less benefits and services. but it is pretty hard to call it austerity as we go into, what, year six of post credit crisis activity. and global economics don't dictate we're doing a heck of a lot better, even thoug
live on the floor of the cme group. wonderful city of chicago. you know, there is a lot of talk and there has been a lot of talk, pretty much not in favor of the principles and definition of austerity. as a matter of fact, wasn't that many years ago where emerging markets, of course, would get into trouble and many would ridicule the imf who would run in with the same plan. raise taxes, cut services, cut deficits, and that austerity was never given a credible grade, for example, by many...
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Feb 20, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. how do you keep an older car running like new? you ask a ford customer. when they tell you that you need your oil changed you got to bring it in. if your tires need to be rotated, you have to get that done as well. jackie, tell me why somebody should bring they're car here to the ford dealership for service instead of any one of those other places out there. they are going to take care of my car because this is where it came from. price is right no problem, they make you feel like you're a family. get a synthetic blend oil change, tire rotation and much more, $29.95 after $10.00 rebate. if you take care of your car your car will take care of you. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. how do you keep an older car running like new? you ask a ford customer. when they tell you that you need your oil changed you got to bring it in. if your tires need to be rotated, you have to get that done as well. jackie, tell me why somebody should bring they're car here to the ford dealership for service instead of any one of those other places out there. they are going to take care...
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Feb 8, 2013
02/13
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atlantic city is the key word here. according to wells fargo, this could mean up to $850 million in a year in revenue. right now, the bill would be just for people living in the state to be able to gamble online. other states with legal online gambling could utilize the new jersey site. the more states that do this, the bigger the business could become for new jersey. atlantic city could use the boost. revenue down about 40% in just the last seven years. there is a little bit of concern about some lost tourism, but governor christie basically said, the cost benefit analysis just makes sense to get in, and get in first. coming up, we'll talk about the possible implications with professional sports. all leagues are against this. we'll chime in on what they have to say about it. >> internet gambling is already legal in europe. there are stocks that are already moving up in london on the basis they'll be able to capitalize on this. >> that is definitely true. thank you, simon. >> there is a mover in the gaining space. let's
atlantic city is the key word here. according to wells fargo, this could mean up to $850 million in a year in revenue. right now, the bill would be just for people living in the state to be able to gamble online. other states with legal online gambling could utilize the new jersey site. the more states that do this, the bigger the business could become for new jersey. atlantic city could use the boost. revenue down about 40% in just the last seven years. there is a little bit of concern about...
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Feb 26, 2013
02/13
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today's "wall street journal" questions the big bonus citi paid lew. sounds a lot like revolving door crony capitalism. that's right. back with us now is mike ozanian, steve mcmahon, and kay bailey hutchison. mike, i don't know this guy. i don't know. i don't know why nyu had to give him a special severance payment. he left voluntarily. i don't know why citigroup had to give him a bonus. he went to the federal government. the stipulation was if you go work for the federal government, we will guarantee you a bonus. not if you go work for the red cross or a non-profit. this sounds to me like crony capitalism revolving door. >> you know what? i have so much respect for tim geithner, that to me this seems like such a downgrade. it's very disturbing to me. it bothers me even more than the nomination of chuck hagel. it just seems like the president is totally disengaged. no one vetted this guy. it's just crony capitalism, as you said. and the president spoke so vehemently for so long that this was something he was going to put a stop to. >> that's a key poin
today's "wall street journal" questions the big bonus citi paid lew. sounds a lot like revolving door crony capitalism. that's right. back with us now is mike ozanian, steve mcmahon, and kay bailey hutchison. mike, i don't know this guy. i don't know. i don't know why nyu had to give him a special severance payment. he left voluntarily. i don't know why citigroup had to give him a bonus. he went to the federal government. the stipulation was if you go work for the federal government,...
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Feb 28, 2013
02/13
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we've added to those gains throughout the session. mario was in the city of mun nick. he said we need to start thinking about an exit. if anything, mario draghi said inflation is going down and significantly less than the target of 2%. he's hinting at an interest rate cut. the results, as we close out markets for europe, the stock is at 600 despite all of the problems that we've had with italy, it is gaining, as you can see, overall. for the month of february, yes, those top 50 blue chips are in negative territory because a lot of those are banks and they are worried about what might happen in italy but it's flat. now there is a problem obviously with italy and you see a flight to safety from the bond market into the core germany. you'll see a divergence in the yields between the italian bonds. you see the yields rising in italy. thank you very much. in germany, obviously there is still a great concern there. i want to mention one more thing, carl, and that s. i need to take to you switzerland and show you what looks like a very innocuous news conference. in fact it is
we've added to those gains throughout the session. mario was in the city of mun nick. he said we need to start thinking about an exit. if anything, mario draghi said inflation is going down and significantly less than the target of 2%. he's hinting at an interest rate cut. the results, as we close out markets for europe, the stock is at 600 despite all of the problems that we've had with italy, it is gaining, as you can see, overall. for the month of february, yes, those top 50 blue chips are...
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Feb 21, 2013
02/13
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. >>> back over here, citi's chairman is not seeking a break-up of the bank. a story in today's wall street journal says michael o'neill was among those encouraging investors not to break up the bank. he is backing abroad cost cutting plans, but exploring a break-up is no longer said to be among his top priorities. >>> and top equity firm sports ing represents tennis players and lots of people including super model giselle bundchen. back in the day owned roger federer. the decision to sell has been driven by the trustee who own tess state of the former ceo and chairman. peemp say it could fetch mother than $2 billion, but there's a huge fight going on among the banks out there to represent this yield and so many of them thought they had the end because they had been with teddy for so long. they were friends with teddy, the trustee who runs this process. only knew teddy for the last two years of his life. so there are banks and bankers who said i've been blanking with him for 20 years. he was my best friend. i promised i would get the deal. but everybody is the
. >>> back over here, citi's chairman is not seeking a break-up of the bank. a story in today's wall street journal says michael o'neill was among those encouraging investors not to break up the bank. he is backing abroad cost cutting plans, but exploring a break-up is no longer said to be among his top priorities. >>> and top equity firm sports ing represents tennis players and lots of people including super model giselle bundchen. back in the day owned roger federer. the...
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Feb 25, 2013
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i know your city well. how are the cuts going to impact you specifically? >> the cuts will hit across the board. but of course, they'll hit where it hurts the most early. it's going to go directly to young people. about $7 million will be cut to education, head-start, those sorts of things. because the grown-ups can't do their jobs, the kids get hurt. this crisis is about as real as manti te'o's girlfriend. the congress can't get its work done. the president stood up at the state of the union, sent all sorts of clear messages about the fact that he would go to all sorts of compromise positions, if we could get a congress that could actually do its job. and in minneapolis, as you know, target, best buy, they're all announcing their earnings and we're beginning to see this shaking of consumer confidence again. there's no reason for people to have any lack of confidence, except for a republican house that can't get its act together. >> there are those who say that comments like that are scare tactics on the side of the aisle that you you come from, that pe are
i know your city well. how are the cuts going to impact you specifically? >> the cuts will hit across the board. but of course, they'll hit where it hurts the most early. it's going to go directly to young people. about $7 million will be cut to education, head-start, those sorts of things. because the grown-ups can't do their jobs, the kids get hurt. this crisis is about as real as manti te'o's girlfriend. the congress can't get its work done. the president stood up at the state of the...
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Feb 6, 2013
02/13
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the implications not only for the airlines, but the cities, is substantial, depending how long this grounding lasts. one thing we noticed that since the grounding, look at that chart, they're now trading over $76 a share for boeing. there's no indication when we'll see this grounding lifted for the dreamliner. >> thank you very much, phil lebeau. the yen hitting a three-year low against of the dollar. how low can the yen go? kathy, good to see you. >> thanks. >> the early departure of a bank of japan governor, would enable abe to appoint somebody else who could work with him in terms of the reforms. >> that's absolutely right. that is the big story right now. which is that, you know, stepping down three weeks early. the announcement will come right after abe's trip to the u.s. he's here in the u.s. and shortly after will make the announcement. i think you're going to see additional yen weakness. there's no doubt all three candidates he's talking about are dovish. he's going to talk about reinforcing the message. when the person's nominated, they'll talk about a reinforcing message. >> you'll
the implications not only for the airlines, but the cities, is substantial, depending how long this grounding lasts. one thing we noticed that since the grounding, look at that chart, they're now trading over $76 a share for boeing. there's no indication when we'll see this grounding lifted for the dreamliner. >> thank you very much, phil lebeau. the yen hitting a three-year low against of the dollar. how low can the yen go? kathy, good to see you. >> thanks. >> the early...
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Feb 27, 2013
02/13
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covers the whole range. you ever been in one? >> absolutely. >> is there one in this city? >> one down by union square, i think. >> if there's not, you're missing out. >> i've been up to one -- >> there's a one in harlem. >> i'm looking through the release. while they have comments, they don't have anything about what walmart was talking about, seen a slow start to the year or february because of delayed returns of income tax, don't say anything about the payroll tax cut or tax hike going back to normal levels after two years of cuts and don't say anything about how their consumers are struggling something people were wondering. >> is the target consumer more upscale? >> it's the high low -- >> where were you 30 seconds ago? your mind is mush. i just had a huge conversation about that. >> not huge. it was short. >> it was huge. >> not huge. we were having a discussion on the side there. >> they get the low end -- >> he was telling me he wouldn't be embarrassed to go into target. if you're missing out -- pay attention. >> we're having a conversation over here. >> more than w
covers the whole range. you ever been in one? >> absolutely. >> is there one in this city? >> one down by union square, i think. >> if there's not, you're missing out. >> i've been up to one -- >> there's a one in harlem. >> i'm looking through the release. while they have comments, they don't have anything about what walmart was talking about, seen a slow start to the year or february because of delayed returns of income tax, don't say anything about...
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Feb 8, 2013
02/13
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the city is effectively going to shut down. >> thank you so very much. steve. >> just seconds away from the data. in fact it's out now. rick santelli at the cme in chicago. rick the numbers. >> hello cow. 38.5 billion is the trade balance. that's a deficit. but it's under 40 billion. that is really shocking. the last time we were under 40 billion was november of 2010. so this is really a pretty big deal. we're expecting, you know, 8 billion wider deficit, and 46. and last month, had the most subtle revisions, we'll just call it a push. so you know, i'm going to have to ponder this. we know that there's a lot of foreign exchange going on in the world. most of it right now isn't free market driven, it's central bank printing driven. thinking this through, of course, is going to have big possibilities for strategic trades down the road. especially if the offshoot of what's going on potentially between europe, japan, maybe to a lesser extent china, is going to boost the value of the dollar. is that something that's going to help or hurt? how important is thi
the city is effectively going to shut down. >> thank you so very much. steve. >> just seconds away from the data. in fact it's out now. rick santelli at the cme in chicago. rick the numbers. >> hello cow. 38.5 billion is the trade balance. that's a deficit. but it's under 40 billion. that is really shocking. the last time we were under 40 billion was november of 2010. so this is really a pretty big deal. we're expecting, you know, 8 billion wider deficit, and 46. and last...
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Feb 11, 2013
02/13
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half of the population of china now lives in the city which is a brand-new thing and access to media. >> brian, good luck. >> thanks, guys. >> we love those. anyway -- >> and prefers u.s. iron man a lot. in terms of -- >> thank you, coming up, maybe she's watching. he invested. >> my iron man. >> he could be the future of the hedge fund industry. our next guest has been ranked among the most successself up and commerce. [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you
half of the population of china now lives in the city which is a brand-new thing and access to media. >> brian, good luck. >> thanks, guys. >> we love those. anyway -- >> and prefers u.s. iron man a lot. in terms of -- >> thank you, coming up, maybe she's watching. he invested. >> my iron man. >> he could be the future of the hedge fund industry. our next guest has been ranked among the most successself up and commerce. [ indistinct shouting ] [ male...
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Feb 7, 2013
02/13
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and the other one is you can't fight city hall. back to you, melissa lee. >> the man who never drinks the kool-aid next to a punch bowl, there's a joke in there somewhere. rick santelli, thank you. >> do you think i should have a punch bowl for my dinner party? >> the one that we're not invited too? i don't care what you have, simon, because i'm not inviteded. >> never mention on air you're having a dinner party because everyone you didn't invite hears you. i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. because what you don'tu know can hurt you.rance. hey do you wanna get a drink later? what if you didn'
and the other one is you can't fight city hall. back to you, melissa lee. >> the man who never drinks the kool-aid next to a punch bowl, there's a joke in there somewhere. rick santelli, thank you. >> do you think i should have a punch bowl for my dinner party? >> the one that we're not invited too? i don't care what you have, simon, because i'm not inviteded. >> never mention on air you're having a dinner party because everyone you didn't invite hears you. i wanted to...
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Feb 19, 2013
02/13
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dangerous windchills, 15 the below sfee row in the twin citys, 1 is in chicago and 13 in indianapolis. lots of layers for all the kids who are going back to school today. then we catch our next storm, this little pin wheel around the oregon coast. this will dive down around california today and is be a pretty big snowmaker. coast to coast, 6 to 12 inches in the snowfall mountains. plenty of snow here around the wasatch. these amounts in the appalachians, on the order of 1 to 3 inches today 37 back to you guys. >> beck can he can't believe what she just heard about that cold weather. eric, they're melg me, you didn't know it was 25 degrees. >> it's warmed up in minneapolis since earlier today. >> such balmy weather. >> it's like, i've known this, right? >> we're here to educate. >> eric, i rely on the weather channel. tell us something, andrew -- >> he did. he just told me it's 2:22 in nairobi. >> you need singapore time? >> you know what else? the clock when you put them all in, andrew, am i right? if it's nice, the clocks are dark. if it's daytime -- >> you guys are going to complete
dangerous windchills, 15 the below sfee row in the twin citys, 1 is in chicago and 13 in indianapolis. lots of layers for all the kids who are going back to school today. then we catch our next storm, this little pin wheel around the oregon coast. this will dive down around california today and is be a pretty big snowmaker. coast to coast, 6 to 12 inches in the snowfall mountains. plenty of snow here around the wasatch. these amounts in the appalachians, on the order of 1 to 3 inches today 37...